The Real Deal Miami

Biggest price cut of the day

April 21, 2010 05:21PM

alternate text2501 Del Lago Drive

The South Florida home to see the biggest price cut today is a six-bedroom, seven-bathroom house at 2501 Del Lago Drive in Fort Lauderdale, according to data from Condo Vultures Realty. The $6.995 million Broward County home saw a $500,000, or 7 percent, price cut off its last asking price of $7.495 million. It was originally listed for $10.5 million when it hit the market in February 2008, before the last price cut in September 2009. The waterfront home has a wine room and an outdoor bar overlooking two, bi-level pools. Barbara Panton of Panton & Company Realty has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD